Roehl Niño Bautista · · 1 min readTencent Cloud, KinderWorld team up for edutech boost
Tencent’s cloud business arm, Tencent Cloud, is collaborating with education and training provider KinderWorld International Group to carry out innovation and digitalization efforts in Southeast Asia, as well as develop smart campuses in the region.
Ricky Tan, chairperson and CEO at KinderWorld International Group, and Kenneth Siow, regional director for Southeast Asia and general manager for Singapore, Malaysia, and Indonesia at Tencent Cloud International / Photo credit: Tencent
The strategic cooperation agreement will see both firms explore smart technologies for campus security, lesson-streaming, and training courses. The two companies are also looking to deploy a smart education content management system.
Established in 1986, Singapore-headquartered KinderWorld operates international schools in Vietnam.
“This collaboration signals our intent to explore new ideas, spark innovation, and create smart capabilities for our new school campus in the region,” said Ricky Tan, chairperson and CEO at KinderWorld.
Globally, the edtech and smart classroom market is expected to reach roughly US$288.8 billion in value by 2027 at a 19.37% compound annual growth rate. The sector’s estimated value is US$99.5 billion as of 2021.
Editing by Miguel Cordon and Jaclyn Tiu
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